Globalisation and the interaction between governments and participants in the 4IR will be the main theme of the WEF in Davos from January 22 to 25. Photo: Xinhua

CAPE TOWN – Globalisation and the interaction between governments and participants in the fourth industrial revolution — including players from the cryptocurrency industry — will be the main theme of the World Economic Forum (WEF) in Davos from January 22 to 25. 

The annual meeting in the Swiss mountain resort brings together more than 2 000 business and political leaders, economists and journalists to discuss pressing economic issues and “shape global, regional and industry agendas”.

The WEF’s president, Borge Brende, announced the theme of the next event while speaking to journalists in Geneva. 

“For us, as an international organization, it is very important to ensure global cooperation, because what we face today — geopolitical and geoeconomic challenges in a multipolar world, the challenges and the opportunities associated with the fourth industrial revolution — needs more cooperation,” he said, as quoted by Russian news agency RIA Novosti.

The participants in the high-level forum will discuss the establishment of a general framework for the interaction between these different parties. Brende made it clear he was referring to cooperation between states and individual players involved in the development of new technologies like those associated with cryptocurrencies and distributed ledgers. The WEF will also focus on topics such as Brexit and the changing economic climate in the EU.

BUSINESS REPORT ONLINE